|
|
Session 1: Ethical and Professional Standards& S5 E8 C6 _: P$ G7 O4 g& d
2 N7 \; j" E8 |9 g/ t9 m! M
Reading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets
/ x- Q: r: n6 L" R" ?1 c7 M: s6 E+ |% N9 c/ [
LOS B.: Market Manipulation.
; H5 Q6 }: s( l( x' A0 `. j5 z+ A( D- A {8 V1 q _
Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in: L: Y3 w: r: c R( a2 R7 F% s5 D
8 X0 h& t) _( C0 e# N/ o9 y回复查看更多：
! M4 n1 N6 W4 g" N9 g& c
2 P( {: o7 L* s% X
5 D# ?% f3 V7 t |
|
发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13